This is a $125,000 refinance loan request at 50% LTV for a single-family home in Bradenton, FL. The property features two bedrooms, two bathrooms, and 1,766 square feet. The borrower intends to list the home for sale as an exit strategy.
Collateral:
Type: New Construction
Description:
This is a $480,000 new construction loan request, with $200,000 funded at closing, secured by a non-waterfront single-family-zoned lot in Redington Shores, Florida. The project will consist of a three-story, coastal-style home featuring three bedrooms, three bathrooms, approximately 2,072 heated square feet, and a two-car garage. The primary exit strategy is a retail sale.
- Loan Amount: $480,000
- Date: February 2026
